Oil companies

ConocoPhillips to Hold Second-Quarter Earnings Conference Call on Tuesday, Aug. 3

Retrieved on: 
Thursday, July 1, 2021
Energy, Other Energy, Oil, Gas, Economy of the United States, ConocoPhillips, Oil companies, Phillips 66, Companies, Conoco, Cop

ConocoPhillips (NYSE: COP) will host a conference call webcast on Tuesday, Aug. 3, 2021, at 12:00 p.m. Eastern time to discuss second-quarter 2021 financial and operating results.

Key Points: 
  • ConocoPhillips (NYSE: COP) will host a conference call webcast on Tuesday, Aug. 3, 2021, at 12:00 p.m. Eastern time to discuss second-quarter 2021 financial and operating results.
  • To access the webcast, visit ConocoPhillips Investor Relations site, www.conocophillips.com/investor , and click on the "Register" link in the Investor Presentations section.
  • Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 15 countries, $84 billion of total assets, and approximately 10,300 employees at March 31, 2021.
  • Unless legally required, ConocoPhillips expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

SeekOps Announces Closing of $14M Series B Financing

Retrieved on: 
Thursday, July 1, 2021
Environment, Technology, Other Energy, Utilities, Other Technology, Oil, Gas, Alternative energy, Energy, Hardware, Companies, Oil companies, Schlumberger, Equinor, Petroleum industry, Caterpillar Ventures, OGCI Climate Investments, Equinor Ventures, CATERPILLAR VENTURES, OGCI CLIMATE INVESTMENTS, EQUINOR VENTURES

SeekOps Inc., a Texas-based technology company, announced the closing of its Series B funding.

Key Points: 
  • SeekOps Inc., a Texas-based technology company, announced the closing of its Series B funding.
  • It demands solutions that deliver more precise methods of emissions detection and measurement, said Kahina Abdeli-Galinier, Emissions Management Business Director, Schlumberger.
  • We are pleased to support SeekOps unique offering that can measure emissions from both onshore and offshore operations, said Pratima Rangarajan, CEO of OGCI Climate Investments.
  • Equinor, a member company of OGCI CI, has been an early adopter of SeekOps technology since 2017.

ConocoPhillips Market Update Reaffirms Commitment to Disciplined, Returns-Focused Strategy with Compelling 2022-2031 Plan

Retrieved on: 
Wednesday, June 30, 2021
Energy, Other Energy, Utilities, Oil, Gas, Economy of the United States, Oil companies, Phillips 66, Companies, ConocoPhillips, Cop, Conoco, New York Stock Exchange

ConocoPhillips (NYSE: COP) will host a market update today to reaffirm its commitment to the disciplined, returns-focused strategy it launched in 2016.

Key Points: 
  • ConocoPhillips (NYSE: COP) will host a market update today to reaffirm its commitment to the disciplined, returns-focused strategy it launched in 2016.
  • ConocoPhillips is meeting this moment with a very compelling plan that is resilient and durable, but also flexible.
  • We dont believe any other company in our E&P sector offers a more investable plan for this vital business.
  • The ConocoPhillips market update will begin at 9:00 a.m. Central time and is expected to be roughly two hours in duration, including a question-and-answer session.

Celanese to Acquire ExxonMobil’s Santoprene™ TPV Elastomers Business

Retrieved on: 
Wednesday, June 30, 2021
Oil, Gas, Manufacturing, Energy, Other Energy, Chemicals, Plastics, American brands, Companies, Rockefeller family, Economy of the United States, Polymers, Oil companies, Santoprene, Climate change denial, Standard Oil, Celanese, TPV, ExxonMobil

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced the signing of a definitive agreement to acquire the Santoprene TPV elastomers business of Exxon Mobil Corporation.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced the signing of a definitive agreement to acquire the Santoprene TPV elastomers business of Exxon Mobil Corporation.
  • Celanese will acquire the industry-renowned Santoprene brand as part of a comprehensive TPV product portfolio, along with intellectual property, production and commercial assets, and a world-class organization.
  • The Santoprene business of ExxonMobil is a leading global producer of TPV serving a variety of end-uses including automotive, construction, appliance, medical, and industrial.
  • According to the terms of the definitive agreement, Celanese will acquire the Santoprene business from ExxonMobil for a total purchase price of $1.15 billion on a cash-free, debt-free basis.

ExxonMobil to Sell Global Santoprene™ Business

Retrieved on: 
Wednesday, June 30, 2021
Chemicals, Plastics, Automotive, Automotive Manufacturing, General Automotive, Oil, Gas, Manufacturing, Energy, American brands, Companies, Rockefeller family, Economy of the United States, Oil companies, Climate change denial, ExxonMobil, Standard Oil, Celanese, Santoprene, Mobil, Exxon

ExxonMobil Chemical Company has signed an agreement with Celanese for the sale of its global Santoprene business for $1.15 billion, subject to working capital and other adjustments.

Key Points: 
  • ExxonMobil Chemical Company has signed an agreement with Celanese for the sale of its global Santoprene business for $1.15 billion, subject to working capital and other adjustments.
  • ExxonMobils Santoprene brand is a global leader in a specialized market.
  • The ExxonMobil employees impacted by the sale are expected to transfer to positions at Celanese following change-in-control.
  • ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the worlds growing energy needs.

Cleantech.org Announces Finalists for the $100,000 GS Beyond Energy Innovation Challenge

Retrieved on: 
Wednesday, June 30, 2021
Companies, Chaebol, GS Group, Chevron Corporation, Oil companies

SAN FRANCISCO, June 30, 2021 /PRNewswire/ -- Cleantech.org announced today six finalists for the GS Beyond Energy Innovation Challenge in the following categories: Digitization of Energy, eMobility in Cities, and New Fuels.

Key Points: 
  • SAN FRANCISCO, June 30, 2021 /PRNewswire/ -- Cleantech.org announced today six finalists for the GS Beyond Energy Innovation Challenge in the following categories: Digitization of Energy, eMobility in Cities, and New Fuels.
  • "Congratulations to the Finalists, and I'm looking forward to running pilots with some of our semifinalists and finalists."
  • The finals' judges are five highly experienced venture investors and executives from Chevron, Amazon, GS Group, Energy Transition Ventures, and EDF.
  • GS Beyond is the open innovation arm of GS Group, focused on identifying and fostering innovation across various industries: energy and power, retail and commerce, and engineering and construction.

Valero Energy Corporation to Announce Second Quarter 2021 Earnings Results on July 29, 2021

Retrieved on: 
Wednesday, June 23, 2021
Oil, Gas, Energy, Valero Energy, Oil companies, Retailers, Valero, Circle K, Retailing

Valero Energy Corporation (NYSE:VLO) (Valero) announced today that it will host a conference call on July 29, 2021 at 10:00 a.m.

Key Points: 
  • Valero Energy Corporation (NYSE:VLO) (Valero) announced today that it will host a conference call on July 29, 2021 at 10:00 a.m.
  • ET to discuss second quarter 2021 earnings results, which will be released earlier that day, and provide an update on company operations.
  • Valero Energy Corporation, through its subsidiaries (collectively, Valero), is an international manufacturer and marketer of transportation fuels and petrochemical products.
  • Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America.

Start-up Success for bp's Manuel project at Na Kika Platform in Gulf of Mexico

Retrieved on: 
Wednesday, June 23, 2021
Oil companies, Companies, Mississippi Canyon, BP, Geography of the United States, Gulf of Mexico

The wells are expected to boost gross platform production by an estimated 20,100 boe/d.

Key Points: 
  • The wells are expected to boost gross platform production by an estimated 20,100 boe/d.
  • Starlee Sykes, bp senior vice president Gulf of Mexico and Canada, said: "Manuel is exactly the type of high-value project that is critical to growing our business here in the Gulf of Mexico.
  • The bp-operated wells, drilled to a depth of approximately 21,000 feet, are located southeast of the Na Kika platform, approximately 140 miles off the coast of New Orleans.
  • Manuel is located on Mississippi Canyon block 520, east of the bp-operated Na Kika platform in 6,625 feet of water.

Imperial committed to long-term shareholder value

Retrieved on: 
Wednesday, June 23, 2021
Oil, Gas, Energy, American brands, Rockefeller family, Companies, Economy of the United States, Oil companies, Climate change denial, Standard Oil, ExxonMobil, Exxon, Mobil

This maximum will be reduced by the number of shares purchased from Exxon Mobil Corporation (ExxonMobil), Imperials majority shareholder, as described below.

Key Points: 
  • This maximum will be reduced by the number of shares purchased from Exxon Mobil Corporation (ExxonMobil), Imperials majority shareholder, as described below.
  • Before entering a black-out period, Imperial may, but is not required to, instruct the broker to make purchases under the NCIB based on parameters set by Imperial in accordance with the share purchase plan, TSX rules and applicable securities laws.
  • Imperial undertakes no obligation to update any forward-looking statements contained herein, except as required by applicable law.
  • After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canadas energy resources.

S&B Wins Engineering and Construction Contract for Chevron Phillips Chemical’s World-Scale 1-Hexene Unit

Retrieved on: 
Tuesday, June 22, 2021
Commercial Building & Real Estate, Construction & Property, Oil, Gas, Energy, Engineering, Chemicals, Plastics, Other Construction & Property, Manufacturing, Alkenes, Organic compounds, Oil companies, Chemistry, Cedar Bayou plant, 1-Hexene, Phillips 66, Baytown, Texas, Hexene, Chevron Corporation, Chevron Phillips Chemical, Hexen

S&B Engineers and Constructors (S&B) was awarded an engineering and construction contract with Chevron Phillips Chemical to engineer and build the companys second U.S. world-scale unit to produce on-purpose 1-hexene.

Key Points: 
  • S&B Engineers and Constructors (S&B) was awarded an engineering and construction contract with Chevron Phillips Chemical to engineer and build the companys second U.S. world-scale unit to produce on-purpose 1-hexene.
  • View the full release here: https://www.businesswire.com/news/home/20210622005685/en/
    Pictured is Chevron Phillips Chemical's 1-hexene unit at its Cedar Bayou plant in Baytown, Texas.
  • (Photo: Business Wire)
    S&B completed Chevron Phillips Chemicals first U.S. 1-hexene unit in 2014 at its Cedar Bayou plant in Baytown, Texas.
  • Chevron Phillips Chemicals new 1-hexene unit will use the latest evolution of the companys proprietary, on-purpose 1-hexene technology.